STATEMENT OF STANDALONE AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31ST MARCH, 2023
(Rs. In Lacs except earning per share data)
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| NOTES:- |
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| 1. The above Audited Financial Results were reviewed and recomended by the Audit Committee, subsequently approved and were taken on record by the Board of Directors in their meeting held on 30th May 2023. The statutory auditors have expressed an unmodified audit opinion on these results. |
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| 2. These financial results have been prepared in accordance with Indian Accounting Standards (IND-AS) as prescribed under section 133 of Companies Act, 2013 read with Rule 3 of the companies (Indian Accounting Standards) Rules 2015 and relevant amendment thereafter. The said financial results of the parent company and its subsidiaries (together referred as the "Group") have been prepared in accordance with IND-AS 110 - Consolidated financial statements". |
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| 3. The figures for the quarter ended March 31, 2022/2023 are balancing figures between audited figures in respect of year ended March 2022/2023 and the published year to date figures upto the nine months period ended December 2021/2022. |
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| 4. Exceptional Item amounting to Rs. 382.21 Lacs represent loss on sale of Land and Building (property). Operation of one of the unit alongwith entire plant & machinery has been shifted to another location for better synergies and efficiency in operations; and the property has been disposed off to have additional liquidity for business operations of the company. |
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| 5. The Board of Director have recommended Dividend @ % (i.e. Rs. per Share) on the equity share capital for the financial year ended March 31, 2023. |
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| 6. Figures of the previous period have been regrouped and rearranged wherever necessary to correspond with current period's classification/disclosure. |
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For and on behalf of the BOARD
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Date: 30.05.2023
Place - Kanpur |
Mukhtarul Amin
Chairman and Managing Director
DIN - 12108 |
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